<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/0sF26grRQ7-QHjEPJOprIg">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/eB-pFR30SO212o2qBiBW0g"/>
  <rdfs:isDefinedBy rdf:resource="https://www.naics.com/six-digit-naics/?code=525910"/>
  <rdfs:label>Open-End Investment Funds</rdfs:label>
  <skos:definition>This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments. Shares in these pools are offered to the public in an initial offering with additional shares offered continuously and perpetually and redeemed at a specific price determined by the net asset value.</skos:definition>
  <skos:example>Investment funds, open-ended</skos:example>
  <skos:example>Money market mutual funds, open-ended</skos:example>
</owl:Class>